What is an advantage of using ratio analysis in comparing financial statements from different countries? A) Ratios
Fantastic news! We've Found the answer you've been seeking!
Question:
A) Ratios are expressed as percentages, making currency differences irrelevant to the analysis.
B) Ratios highlight the holding gains or losses related to currency translation.
C) Purchasing power gains and losses from currency translation show up clearly in ratio analysis.
D) Comparing business ratios across countries removes the effect of economic conditions and business culture
Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Posted Date: